Today's HUF to PKR Price Update

Summary

This report provides the real-time exchange rate between the Hungarian Forint (HUF) and Pakistani Rupee (PKR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Hungarian Forint (HUF) is the official currency of Hungary, while the Pakistani Rupee (PKR) is the primary currency of Pakistan. The exchange rate between them reflects the relative economic conditions and currency valuations of both nations, serving as an important indicator for bilateral trade and investment flows.

Today’s Price

• 1 HUF = 0.869 PKR
• 24h High: 0.86383 PKR
• 24h Low: 0.86378 PKR

Market Analysis

The HUF/PKR pair has remained relatively stable in the short term, with minimal daily fluctuations indicating a neutral market sentiment.

• Technical indicators: The 14-day Relative Strength Index (RSI) stands at approximately 48, suggesting a Neutral market condition with no clear directional bias
• Price range: The pair has traded within a narrow band of 0.86378 to 0.86383 over the past 24 hours
• Historical context: Over the last 90 days, the pair has ranged between a high of 0.8854 and a low of 0.8408

Conclusion

Continue to monitor the HUF/PKR pair closely. The current neutral technical setup suggests traders should await clearer directional signals before establishing significant positions. Watch for potential breakouts from the established trading range as market conditions evolve.